00000nam 2200000zi 4500 9.950431 CaOODSP 20250501123205 m o d f cr mn||||||||| 250424t20242024oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-5/2024-50E-PDF Chernoff, Alexander W., author. Consumer search, productivity heterogeneity, prices, markups, and pass-through : theory and estimation / by Alex Chernoff, Allen Head and Beverly Lapham. [Ottawa] : Bank of Canada = Banque du Canada, 2024. ©2024 1 online resource (iii, 60 pages) : graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2024-50 ISSN assigned to different series. "Last updated: December 19, 2024." Includes bibliographical references (pages 40-41). "We develop and estimate a search model in which identical consumers trade with price-setting firms that differ in productivity. In the model, equilibrium distributions of both prices and markups are non-degenerate and continuous with a firm’s price decreasing as its productivity increases. Variation in markups across firms is more complicated and depends on the search process and the distribution of productivity, both of which are estimated using firm-level data on retail industries in Canada. We use the estimated model to characterize the qualitative and quantitative differences in prices and markups across firms"--Abstract, page ii. Includes abstract in French. Inflation (Finance) Canada Econometric models. Markup Canada Statistics. Inflation Canada Modèles économétriques. Marge bénéficiaire Canada Statistiques. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2024-50. (CaOODSP)9.806221 PDF 1.97 MB https://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2024-50-eng.pdf